Swiss cannabis market worth up to half a billion francs annually
Between 40 and 60 tonnes of cannabis are estimated to be smoked each year across the country
Thursday, January 23, 2020
Cannabis remains by far the most widespread drug enjoyed in Switzerland, even if the value of the market is much lower than that for cocaine. A study published by several groups including Addiction Switzerland estimates the national cannabis market to be worth up to CHF500 million ($516 million). But in canton Vaud, where the study was carried out, the figures show that the total market value was around half that of for cocaine – a finding that Frank Zobel, co-director of Addiction Switzerland, said was a surprise. “We thought that cannabis represented the biggest market in all senses of the word,” he said. “However, the turnover is lower than for cocaine, even if it does remain significantly higher than for other drugs.” (See also: Le marché du cannabis pèse 340 à 500 millions de francs en Suisse)
